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The ability to connect to others, build positive relationships, respond to the emotions of others, and influence others is referred to as relationship management.
Net Operating Income
The profit generated from a company's core business operations, excluding income and expenses from unusual, non-operating items.
Operating Loss
A financial situation where a company's operating expenses exceed its gross profits or revenues.
Absorption Costing
A pricing strategy that incorporates every manufacturing expense - such as direct materials, direct labor, along with variable and fixed overhead costs - into the price of a product.
Unit Product Cost
The total cost associated with producing one unit of a product, including direct materials, direct labor, and overhead costs.
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